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FOX Business
Sep 12, 2012 11:00am EDT
at this crisis? speak of the united state unites attacked september 11, 11 years ago, and united states attacked september 11 yesterday. what does that mean? the united states territories, the embassy, it was egypt and libya. were they coordinated attacks? when the president came out, as you rightly did, he should have followed that by saying these attacks are not going to be tolerated, we will hold the host governments responsible for this. some indication even in egypt there was advanced warning these attacks are coming which is why the americans had gotten out of that embassy. the president of the united states needs to say to those countries who will hold you responsible, have to protect our people, you have to have better protection of our people and if you don't do that we will reassess our relationship with you because if you don't stand strong right now, this is what happened to jimmy carter and why ronald reagan was elected. jimmy carter did not do something strong. he apologized, said let's try to negotiate and that is the kind of response i heard from president obama. dagen: did we ha
FOX Business
Sep 14, 2012 1:00pm EDT
smoke coming out of the u.s. embassy. they have replaced the united state flag. there are also reports they have taken over an american school there as well. fox is trying to confirm all of this. it is similar to what we are seeing and other countries, in particular lebanon. at least one person was killed in the protest. many more were wounded. this comes as pope benedict xvi arrived in lebanon. protesters they were seen ripping up his picture ahead of his visit to lebanon. here in afghanistan, we feared there would be widespread violence. so far, those have not materialized. it has been very peaceful here in kabul. there are real concerns that the rights will spread to afghanistan or pakistan in the coming days. melissa: connor, thank you for that report. lori: these are trying times, that is for sure. let's see how the markets are reacting. nicole petallides is on the floor of the new york stock exchange. nicole: we are keeping a close eye on some of the office product retailers. there is news. the first set of news is stapled it now has private equity firms interested in taking it p
FOX Business
Sep 25, 2012 11:00am EDT
. dagen: china looking to put an end to the united states domination of the western pacific by expanding its navy presence, forcing the u.s. to send a significant number of troops to the region in response. connell: fox news adam housely is with us now in san diego with the latest on that. adam? >> yeah, connell and dagen it's one of those stories that's kind of flown under the radar a bit because so much is going on in middle east and on going operations in afghanistan but it is extremely important in the pacific because china is doing what it can to really increase its reach if you will because they are going for more resources as we know and more influence in the region. over the course of the last 20 years they have increased their defense spending by 15%. and today they actually unveiled officially their first ever aircraft carrier, actually purchased from the russians and then refurbished by china. it is important because china because of this reach there are problems now with -- water gun attacks in the last days and as well as disputed islands with japan, both sending ships with
FOX Business
Sep 14, 2012 11:00am EDT
the president of the united states. there are things that can relieve the price of oil we are not doing. dagen: is it healthy that this is not the kind of shock that we saw in 2008 where it will spike above $100 a barrel, was $135 a barrel at the high. oil has remained relatively high for the american people in the last few years and got me chance to learn to live with it. >> that is true but also hurts everybody. certainly the lower end of the economy if you are a person who has to drive a long distance to work and you have to shell out that much more for your pay, it is a problem. natural gas is going to be a substitute that will have its day. we have an unlimited supply. dagen: would you invest in oil and commodities? >> i am already invested in oil and commodities to a great extent because as i said inflation is a genie in the bottle that will get out sooner or later and ben bernanke and all the politicians in the world can't bribe themselves enough to keep it in. dagen: it would take a healthy economy to trigger that and this economy is not. >> it does not take a healthy economy to trigge
FOX Business
Sep 17, 2012 1:00pm EDT
been going in terms of violence, and also, he says this is not over yet because if the united states does not respond appropriately to his mind, which means punishing those involved with this film, he says these protests could continue. i said, what do you want to have dope to the filmmakers? he said, well, i'd like to see them tried in front of a sharia court meaning if they don't repent for insulting the prophet, he thinks they should be executed. that shows how quickly, simply how a jihadist leader talks about an anti-american protest brings out a few thousand people in front of the u.s. embassy. that shows the ground swell of anti-americanism now taking place in cairo. back to you. tracy: leeland, out in cay row, thank you very much. ashley: continuing with rising tensions in the middle east, oil traders growing more concerned as conflicts spread west to oil rich nigeria. phil flynn has more on this. are you concerned then, phil, what's going on in nigeria? >> i am right now. see, egypt doesn't produce a lot of oil, and because we built in good buffer of supply in case of a disru
FOX Business
Sep 18, 2012 1:00pm EDT
the state of the economy than any other government reports we're getting. ashley: united states is one of the world's most economically free countries. think again. the cato institute says the u.s. dropped from the top 10 to 18th on the list in its annual report. coauthor ian vasquez will be our special guest ahead to explain that. 18th in economic --. tracy: we were 10th last year. he has got to tell us what is going on. time for stocks as we do every 15 minutes. we head down to nicole petallides on the floor of the new york stock exchange. nicole we're down about eight points right now? >> right. the truth is yesterday we gave back about 40 points. wee had two weeks in a row about gains. fed stimulus and bond buying extending low rates. everyone seems to be taking a bit of a breather. right now the dow is down as are s&p and nasdaq as well, all to the downside. down .1 or .2 of a percent. we have winners like apple which obviously broke new records. fedex has come under pressure. fedex once again is warning about a tough global economy. so they came out with their numbers today. they
FOX Business
Sep 21, 2012 11:00am EDT
of people protesting this anti-muslim film made here in the united states. dagen: rick leventhal from fox news joins us live. rick. >> the pakistani government declared today a national holiday, love for the prophet. nonviolence, but things got ugly fast. and across the streets of pakistan including islamabad to keep protesters from approaching the consulate there. and demonstrations in karachi, five movie theaters were burned and a couple of banks on fire. and one officer killed there. and in peshawar, hundreds of demonstrators set movie theaters on fire and police used tear gas. at some point opened the fire on the people and hit a pakistani news vehicle and killed the driver there. and they were marching through the streets and protesting the anti-muslim film and burned a makeshift coffin draped with an american flag and burned an effigy of president obama and around middle east and africa and security has been beefed up at a number of u.s. and western embassies around the region as a precaution, guys. dagen: rick, thank you for that reporting. connell: and nicole, the new york stock e
FOX Business
Sep 7, 2012 1:00pm EDT
ahead. and if the united states locked in an economic cold war with china? the author of a new book says yes. he will tell us why he thinks u.s. companies and political leaders need a completely new battle plan to fight the chinese threat. hmmm. as we mentioned the dow only down about 17, 18 points right now. top of the hour. time for stocks as we do every 15 minutes. we head down to nicole petallides on the floor of the new york stock exchange. hey, nicole. >> hey, trace, good afternoon, everybody. the dow is down 18 points. it is off the highs we saw yesterday. closed at the highest level since december of 2007. today pulling back about 18 points. not really giving back that 244 point gain we saw yesterday. right now the nasdaq has a down arrow. the s&p is up one quarter of 1%. i want to look at a laggard though on the dow jones industrial average. that is kraft. when you look at kraft, they have two kinds of businesses. they have the international business and the north american business. they will be spinning off. that will happen october 1st. when they gave the projections for 2013
FOX Business
Sep 11, 2012 11:00am EDT
about the united states and how that relates to what israel does against iran and what we do again to stop iran from developing nuclear weapons? >> it is a really interesting statement from netanyahu. hillary clinton came out yesterday and said no deadlines. i think the israelis want a firm deadline from the united states on when we will do military action because ultimately if you look at this operation, yes, the israelis can hit something, yes, they can do some damage, but only with the united states, only with our b-1 bombers and cruise missiles can you do significant long-term damage to the nuclear facilities in iran. so the question is, yes, the israelis could go alone, but it is always far more optimal to get on board with the united states. so i think this issue is going to remain a live issue into 2013, because i don't see how we have an off ramp. dagen: right. helima terrific to see you. we covered so much in little time. next time more time i promise. >> thanks. connell: new book that's come out from bob woodward. we will talk about that book on the day in which boehner h
FOX Business
Sep 12, 2012 1:00pm EDT
how the united states is responding next. first as we do every day at this time of day, check out how oil is moving right now based on that news out of libya. not moving much at all. down 11 cents. $97.11 a barrel. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly improves my lung function, starting within 5 minutes. and that makes a difference in my breathin
FOX Business
Sep 17, 2012 11:00am EDT
was asked all about it yesterday on "meet the press." >> did you, their very existence of the united states, we have to understand that we have to deal with it. in this vast expansive land, you can understand why they are so antagonistic to us. we are you and you are asked. connell: the author of obama's globe, the president abandonment special assistant to president nixon. react right off the bat to what the prime minister of israel had to say in terms of how this is being handled and how we view them. >> i totally agree with the prime mister. he tries to be diplomatic and friendly to the president although president obama is not friendly to him. he asked a very interesting question in that interview. he said we are asked to wait and he said wait for what? of course, we know the answers to that question. he is already revealing how he feels about that election. he revealed how he felt about it when the microphone was open and he did not know it was. in talking about that he said tell vladimir to give me space. after the election i can be more flexible. good lord. unbelievable. connell: i w
FOX Business
Sep 19, 2012 11:00am EDT
of the united states redistributed more income than we have today. connell: let me stop you for one second -- >> -- that's why the economy is having so many problems. connell: and the reason is i want to explain the chart. brian gave us this chart to tell you what you are looking at. government spending percentage of the economy versus stocks, versus the dow. >> yep. connell: so the yellow line is stocks. do you see where it is going up there? going all the way back to the 60s. and the blue line is government spending. it tells you what, brian? >> yeah, it's very very clear, if you look at that chart. back when lbj, lyndon johnson became president in 1965, we passed the great society programs, government spending shot up, and the stock market went nowhere for 17 years. then ronald reagan came in and even bill clinton lowered and reduced spending as a share of gdp, and the stock market exploded, and now in the last decade, under president bush and then obama, government spending has shot up again. no wonder stocks have been flat for the past decade. connell: they have been for a long time.
FOX Business
Sep 24, 2012 11:00am EDT
: all electric. i can understand the resistance in the united states. if we're talking about other countries, fair enough. and that's been its niche market. charles: it is a niche market but big enough market for an individual company like tesla where if you are trying to ram them down everybody's throats ala the volt. i think anybody who buys the roadster isn't going to be worried about the distance on the charge, the cost. when you have 100 grand to blow on a car, those are things that you aren't really --. i think the stock goes to 38. cheryl: thank you very much, charles. we will see you next hour. it is quarter past the hour right now. stocks now and every 15 minutes. nicole: this stock is doing really well today, take a look at the shares are faring right now. tivo has come to an agreement with verizon. it said that verizon actually agreed to pay over 250 million dollars to settle pending patent litigation over video services. considered great news for tivo, up about 5% today. let's take a look at major market averages right now. the dow jones industrial average down 25 point
FOX Business
Sep 24, 2012 1:00pm EDT
countries like the united states are already past the 50% penetration market. you got the smart phone. the incremental advantage of a new one, you know, is much less than the advantage for the future phone to a smart phone. >> people always trade up. you don't have total saturation. if you have one, you expect to get the new model, you drop it, you break it, it's note like you're not going to get another one. the expectations, the growth is exploding. 50 million iphones sold in the december quarter; right? that's the base bar. you know, that's the expectation. apple needs to beat that hurdle to keep forward momentum. when you only sold 150 million total units in the june quarter alone, worldwide among all the vendors, a third of the marketplace, is it poll? of course it is, but can they make them fast enough? that's the issue. >> is there backlash setting in for apple? i was watching tv in the samsung galaxy commercial makes fun of the people waiting in line for the iphone5. everywhere you go, you see the galaxy posters, point your phone up, and you get five free songs. there's fierce
FOX Business
Sep 28, 2012 11:00am EDT
and the president of the united states, whoever it may be after november, a second chance, possibly a very clear timetable saying time is running out, our clocks are ticking. israel's clock is ticking much faster. we feel very threatened. the president of iran talking the day before, basically pledged to wipe israel off the face of the map. we have threatens civilization as we know it was certain civilizations threatened as well, so what the prime minister tried to make clear was he will not allow iran to acquire nuclear weapons, but he expects international community led by the united states to do it rather than have israel do it. connell: does that take the possibility of an israeli military strike against iranian nuclear institutions, whatever they may be, does it take it off the table before the end of the year or before the u.s. presidential election? >> i think it does. whabut he has basically said wae are allowing you more time to try and use diplomacy, to try and use of sanctions. we expect you to act. i think it creates more certainty, and in fact i think the redline were the prime mini
FOX Business
Sep 4, 2012 11:00am EDT
tax rate. the united states have highest corporate tax rate in the industrialized world making us less competitive. we need to bring down the corporate tax rate to attract investors and different corporations as well. we have to simplify the corporate tax code. a lot of extra provisions that can be reduced to simplify and make corporate taxes and individual taxes easier. reducing the rate and simplifying the deductions is the key winning formula. dennis: as soon as we hear reduce the rate that will make some americans feel they are favoring corporations. do you guys want overall corporate tax revenue to go up to help balance the budget? >> corporations have a role to play in the economy and they should play commensurate with their earnings like everybody should pay in terms of how we are structured. in terms of lowering the corporate tax rate increases jobs and that helps americans. by lowering the corporate tax rate you help the economy and individual americans and that is the key to getting the economy started again. dennis: overall should there be an alternative minimum tax so every
FOX Business
Sep 5, 2012 1:00pm EDT
in business and financial debt in the future. it will sink our economies, all of us, europe, united states, everybody. lori: harry dent, many thanks for your time and analysis. your forecasting is always great. melissa, chorus is growing louder of private debt bubbles. he makes a great point. melissa: he really does. when comes to gold competitiveness the u.s. is failing again. up next find out where we rank and why the drop and we'll get the take from lou dobbs on all of it. lori: i mentioned in the shot that european yields are coming down. here in the u.s. they're unchanged. we saw buying earlier on some weaker, if you will, economic news. the productivity was sky-high but of course wage growth was muted that is a huge disappointment. our bosses are squeezing everything they can out of us. back with more after this. lori: you're going to get in hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> i'm cher
FOX Business
Sep 6, 2012 11:00am EDT
are under way in the united states. hundreds of employees potentially at risk. and telling charlie the equity business has been, quote, decimated. we will get more from charlie gasparino in the next hour of markets. dennis: stocks every quarter hour. chipmakers that both end of the spectrum. nicole: we talk about supply it is the big issue. technology groups, to the downside and a supply warning and you can see down 22% is a huge move to the downside. if you are disappointed in how you have supply ready to go and some key beneficiaries both of which are up 8% on this news another thing to note is prices are flat but this could -- benefit from supplies. big picture market outlook a big day. if you have an ira or 401(k) you are pretty happy. lots of new highs. dennis: thank you. gold is hitting a five month high today. phil flynn of price futures group and fox business contributors watching all things shiny. phil: we are seeing silver flying saucer. what are talking about? a saucer bottom in silver. that is what traders are talking about. silver created tactical tops or bottoms which
FOX Business
Sep 18, 2012 11:00am EDT
the president has taken office, for every one dollar added to the economy, the united states has added more than 3 dollars in debt. while there's been a 12% increase in economic output, there's been a 50% increase in the national debt. those are the numbers. here's something not to get lost today. one of the biggest names in america business says the economy is getting worse. we're going to have more on why fedex is lowering its outlook. dagen: you wonder why oil is selling off. one of the biggest names in the bond market, he is here in studio. bob auwaerter coming on. bank of america, merrill lynch just said gold going to end up going to $2400 an ounce. we know how those often work out. look at oil at $96 a barrel. [ horn honks ] [ male nouncer ] you start your day... love you, too. ...thinking about what's important to you -- your family... ...e mortgage... the kids' college tuition. [ cellphone ringing ] but life insurance? [ horn honking ] life is unpredictable. that's why at fidelity life we want you to think about term life insurance -- taking care of your family's future expenses if somet
FOX Business
Sep 20, 2012 11:00am EDT
, and even this year, abroad in markets, europe or the united states, and so there's tremendous amount of appetite in china, and also, begin the rise in wealth, the absolute population, there's very few resort locations in most of asia. we're seeing a tremendous growth in demand, whether it's china, bali, coast of thailand, and here as well. >> well, the united states is still the number one market. how do you feel about the domestic u.s. economy? and the stock, itself, over the last year, your stock up 35%. do you feel you can keep the growth going for shareholders? >> yeah, so first of all, in terms of u.s. market, here's what's going on. the u.s. economy, clearly, in a slow recovery, relative to the depth of the recession that we all went through in 2009. on the other hand, for more than a decade now, unlike other forms of commercial real estate, the hotel market has not been built out. it's been built out actually below trend line over the time period. although we look at 8% plus unemployment in the u.s., we're looking at occupancies that feel more like a late business cycle meanin
FOX Business
Sep 7, 2012 11:00am EDT
and the top 1% or 2% but you need some sort of tax overhaul to make the united states more competitive. connell: we talk about that a lot. the first part, i think it is pretty interesting especially from you. bill clinton argued nobody could have fooled us out of this economic mess in four years and included himself. it sounds like you think we could have been pull out of it but not in a way that some of argued. some argued we need a completely different prescription altogether. you say we needed more money spent than was spent. >> we needed more targeting of what was spent. health care was important but that should have been the second priority. first priority should have been no different than when roosevelt took office. the economy, stupid. you have to put people back to work and he has not done a good enough job and he has to get the best and brightest together and come up for the real dialogue. this is what i'm going to do. not just sweeping generalities or romney and ryan are retrograde to what failed in the first place. team needs a positive agenda for america. connell: let me a
FOX Business
Sep 11, 2012 1:00pm EDT
the united states will avoid the fiscal cliff. peter has more on this in washington. >> the package of tax breaks would not avoid the fiscal cliff, but the usual grab bag of so-called tax extensions that congress approves pretty much every year, big ones like patching the al ten -- alalternative minimum tax, but thanks to big time lobbyists and lawmakers from both parties who want to help companies back home, there are plenty of special interest tax breaks in the package, $78 million, for example, for auto racetrack owners for faster writeoffs of investments, and $248 million for movie and tv studios to keep production in the u.s. when other countries over deals, and deals for electric powered motorcycles to encourage energy goals. they justify all of them, of course, and it's hard to get rid of them. >> only right before an election, last thing members of congress want to do is talk about eliminating tax breaks that others claim help create jobs. >> get this, supporters claim they did get rid of some breaks, 21 provisions including that notorious tax credit for electric golf carts. the pa
FOX Business
Sep 20, 2012 1:00pm EDT
of coal and the president wants to shut down coal production and the use of coal in the united states and, so that we can export it to our economic competitors around the world. the house is going to speak once again that this is a big step in the wrong direction. >> the white house says this bill packages together a number of harmful measures that would undermined landmark environmental laws and would adversely affect public health, the economy and the environment. if this bill passes the house the senate will very likely pass on even considering it. back to you. ashley: the saudi arabia of coal. that's what we are. rich, thank you very much. >> how about that? procedural vote is happening now in the senate and that's possible that senators could vote on a six-month spending bill and then of course leave town until the november elections but it's not a done deal yet. joining us now with exclusive, for an exclusive interview republican senator mike crapo of idaho. senator, i have to tell you i think i speak on behalf of a lot of americans when i say we are so sick of hearing this kind of
Search Results 0 to 22 of about 23